Water UK response to Central Policy Studies report on the cost of nationalisation

Industry

21 January 2018

Responding to the Centre for Policy Studies report on the cost of nationalisation, Water UK Chief Executive Michael Roberts said:

“The report paints a very stark picture of what it could take to nationalise water companies in England, and the massive risks which that could pose to the economy and taxpayers.

"It points to a world where future water investment struggles to compete with health, housing or education for taxpayers’ money. Private water companies over recent decades have invested £150 billion in better services and a cleaner environment, after years of being starved of cash under public ownership. It’s difficult to imagine anyone wanting to return to those days.”